DH Cattle Holdings Co. v. Smith
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Asch, J.
Defendant is a professional football player. He hired BP&M Sports, Inc. (BP&M) in 1983, to act as his agent in connection with contract negotiations and the management of his financial affairs. At that time he was a 22-year-old college senior who had been selected in the first round of the National Football League (NFL) draft.
BP&M arranged for defendant to invest in a number of tax shelters. On or about December 1, 1983, BP&M, after assuring defendant that it was a "safe investment”, had defendant execute a $490,500 promissory note payable to California Dreamstreet…
2Cases cited13 opinions
- CPC International Inc. v. McKessonNew York Court of Appeals · 1987
- Chemical Bank v. HaskellNew York Court of Appeals · 1980
- First International Bank of Israel, Ltd. v. L. Blankstein & Son, Inc.New York Court of Appeals · 1983
- Hartford Accident & Indemnity Co. v. American Express Co.New York Court of Appeals · 1989
- First National Bank v. FazzariNew York Court of Appeals · 1961
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3Cited by23 opinions
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- Elghanian v. HarveyAppellate Division of the Supreme Court of the State of New York · 1998
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